Free Intraday Stock Tips-19th June 09

UNITECH ( Unitech Ltd )

Action	Trigger Price	Stop Loss	Target-1	Target-2
BUY ABOVE	79	78	83	90
S.SELL BELOW	75.6	78.5	72	67

TTML ( Tata Teleserv(maharastra) )

Action	Trigger Price	Stop Loss	Target-1	Target-2
BUY ABOVE	37	35.7	38.5	40
S.SELL BELOW	35.3	36	34.3	31.5

GVKPIL ( Gvk Power & Infrastructure Limited )

Action	Trigger Price	Stop Loss	Target-1	Target-2
BUY ABOVE	39.8	38.9	40.8	42.4
S.SELL BELOW	38.5	39.2	37.8	36

Free Intraday Cash Tips for 11th May 09

TATASTEEL ( Tata Steel Limited )

Action	Trigger Price	Stop Loss	Target-1	Target-2
BUY ABOVE	290	288	296	310
S.SELL BELOW	280	289	275	267

UNITECH ( Unitech Ltd )

Action	Trigger Price	Stop Loss	Target-1	Target-2
BUY ABOVE	53	52.6	54.5	56
S.SELL BELOW	52	52.9	51.4	50

WWIL ( Wire & Wireless (I) Ltd. )

Action	Trigger Price	Stop Loss	Target-1	Target-2
BUY ABOVE	15.7	15.2	16	16.8
S.SELL BELOW	15	15.3	14.6	13.8

L&T to sell its 11.5% stake in UltraTech

MUMBAI: Larsen & Toubro (L&T) will sell its 11.5% stake in the Aditya Birla group company UltraTech Cement by December. Pegged at around Rs 800 crore at Friday's market price, the sale proceeds will prop up L&T's bottomline in 2009-10.

The company will also realise a further Rs 100 crore of other income from the sale of its ready-mix concrete assets in 2009-10. It had sold that business to Lafarge in 2008 for Rs 1,480 crore, and around Rs 100 crore has been pending from this transaction.

L&T chairman AM Naik told ET that the Birla group enjoys the right of first refusal on its stake in UltraTech. "We can offer it to a third party if they (the Birla group) don't buy." Mr Naik added that the Birlas and L&T had not spoken on this issue. "It's not a complicated matter. We will sell the shares at the right price at the right time," he added. Industry observers feel that the Birla group would almost certainly buy L&T's shareholding. L&T would have to sell its stake by the year-end under the terms of an agreement with Grasim signed in 2003. The agreement had helped end an epic corporate battle, during which Grasim made an open offer for L&T. It ended with L&T selling its cement business to the Birlas.

Free Intraday Stock Tips for 20th April 09

UNITECH ( Unitech Ltd )

Action	Trigger Price	Stop Loss	Target-1	Target-2
BUY ABOVE	53	51	57	61
S.SELL BELOW	50	51.5	47	42

RELINFRA ( Reliance Infrastructure Limited )

Action	Trigger Price	Stop Loss	Target-1	Target-2
BUY ABOVE	672	665	687	715
S.SELL BELOW	655	670	640	620

FEDERALBNK ( Federal Bank Ltd )

Action	Trigger Price	Stop Loss	Target-1	Target-2
BUY ABOVE	175	173	181	190
S.SELL BELOW	172	174	166	158

Unitech raises $325 mn in equity

Unitech Ltd., India’s second- largest developer, advanced in Mumbai trading after its directors approved plans to raise as much as 50 billion rupees ($1 billion) by selling shares to institutional buyers.

Chairman Ramesh Chandra and the developer’s two managing directors will determine the date of sale for the shares, according to a statement filed to the National Stock Exchange.

Shares of New Delhi-based Unitech rose 10.3 percent to 47.65 rupees as of 10:08 a.m. local time in Mumbai trading. It was the best performer on the Bombay Stock Exchange 200 Index today. The stock has gained as much as 17 percent this year, after plunging 92 percent in 2008.

Unitech raised $325 million by selling stock to funds at 38.50 rupees a share, CNBC-TV18 reported yesterday.